The dental practice management software market is projected to experience significant growth through 2023, according to Global Market Insights' report.
Here are five things to know:
1. The market was valued at $940.4 million in 2015.
2. By 2023, the market is expected to hit $2.2 billion with a compound annual growth rate of 11.2 percent.
3. North America held the largest market share, accounting for 45 percent of the market in 2015. Key factors such as favorable government initiatives and high technological adoption are fueling market growth in this region.
4. In 2015, global dental schedule space hit $178.6 million. This segment is expected to grow at a CAGR of 11.4 percent.
5. Major vendors include Henry Schein, Patterson Companies, Carestream Dental, ClearDent, Curve Dental and Quality Systems.
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